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ஜாக்சன் துளை ரியல் எஸ்டேட் கூட்டாளிகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jackson Hole Real Estate Associates is sold

One of the biggest names in Jackson Hole real estate is about to disappear, and along with it the name of its giant international realty affiliate. But most of the people will remain the same, and along with it a way of doing business, Matt Faupel said. Faupel, one of the owners of Jackson Hole Real Estate Associates, the Christie’s International Real Estate affiliate in the area, said last week that he and his partners are selling the business. The new owner will be Compass, a real estate-selling network with more than 19,000 agents in more than 300 offices around the country.

Boardwalk Shuffle, April 21: Real estate market starts strong; Ford joins Wyoming Whiskey; Airport gets more stimulus funds

Real estate market starts strong Jackson Hole real estate sales continued to thrive during the first quarter in the face of pandemic and national economic worries. Katie Brady of Jackson Hole Real Estate Associates, the local Christie’s affiliate, noted 48 sales in March as economic woes in other parts of the United States appear to have continued to drive the demand for property in Jackson Hole and nearby. Brady said that the number of deals was “more than double the number of sales last March” and that “total sales volume increased from $18 million to $156 million.” The total was driven by an average sales price that topped $3 million for the third time in the past five months, Brady said.

Young Pros bone up on housing

For many young working people, buying a home in the Jackson Hole area is a daunting prospect, whether they’re scraping together a down payment or contemplating how to afford mortgage payments in a pricey real estate market. During a housing webinar hosted last week by Young Professionals of the Tetons, a Jackson Hole Chamber of Commerce group for ages 21 to 40, experts on Jackson’s free-, workforce and affordable housing markets offered them some rays of hope as well as some suggestions for how to get their act together to become a homeowner. David NeVille, associate broker with The NeVille Group at Jackson Hole Real Estate Associates, told the audience that the minimum price for a single-family home last year was $400,000, and the cheapest condo was $315,000, with median prices of $2.5 million and $867,000. Single-family home inventory is currently down to 50, “which is absolutely nothing,” he said, and condo inventory is low too.

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